Building Cost Calculator: How to Estimate Building Costs
As for building cost calculators, they are tools that are used to estimate the cost of constructing a building. These calculators take into account a number of factors, such as the size of the building, the materials used, and the location, and provide an estimate of the total cost of the project.
How to Estimate Building Cost
The calculator is a guide only to assist you in determining the estimated sums to be insured for residential properties, simple shop house and shop office and is not a substitute for professional advice to be obtained.
Before using the calculator, kindly note the following:
- if any renovations have been made to your property, you are advised to indicate the amount (cost of renovation) in the box provided in the BCC.
- if your property has unique or special design features and/or have extensive renovations and/or have complex structures affixed, you are advised to obtain professional advice for a more accurate assessment of your property.